InvestSMART

Resource Minerals International Ltd (ASX:RMI)

ALERT: Price-sensitive ASX Announcement for RMI
Current share price for RMI : $0.180 0.153 (566.67%)+
Announcement
Release
13 Oct 2025 8:52AM
Price at Release
$0.027
Full Release
download
Summary
Resource Minerals International Ltd (RMI) announced high-grade gold and silver assay results from its Shaib Marqan and Wadi Salamah projects in Saudi Arabia. The Shaib Marqan project reported significant gold grades from 87 rock chip samples, including results of 40.35 g/t and 9.62 g/t Au. The Wadi Salamah project also showed promising results with 25 samples, featuring gold and silver grades up to 10.66 g/t Au and 40.4 g/t Ag. Both projects are situated within the Arabian-Nubian Shield, spanning a combined area of 190 km². Extensive artisanal workings have been observed, and RMI plans to continue exploration through detailed magnetic surveys and drilling programs, capitalizing on Saudi Arabia’s burgeoning mining sector.
Key Points
  • Resource Minerals International Ltd (RMI) has reported high-grade gold and silver assays from its Shaib Marqan and Wadi Salamah projects in Saudi Arabia.
  • The Shaib Marqan project yielded 87 rock chip samples with high-grade gold results, including 40.35 g/t, 9.62 g/t, and 7.03 g/t Au.
  • The Wadi Salamah project produced 25 samples with high-grade gold and silver results such as 10.66 g/t Au & 40.4 g/t Ag, and 7.56 g/t Au & 19 g/t Ag.
  • Both projects are located in the Arabian-Nubian Shield and cover a combined area of 190 km².
  • RMI plans to conduct follow-up exploration with detailed magnetics and drilling programs.
  • The projects are situated in regions with extensive artisanal workings, visible sulphides, and accessible via both sealed and unsealed roads.
  • The high-grade mineralisation in these projects supports further exploration and development in Saudi Arabia’s expanding mining sector.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.